Real Estate news – Page 163
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Brookfield fund makes €1.4bn bid for Belgian office REIT Befimmo
RE Invest Belgium offers Befimmo shareholders a 51.8% premium over the last closing price of €31.30
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WP Carey adds eight grocery stores to Danish portfolio
NYSE-listed net lease REIT currently owns 19 of food retailer Coop’s stores across Denmark
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Arrow Capital adds Chemnitz asset to German urban logistics portfolio
Manager buys former Selgros wholesale store from Fuchs Immobilien
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BVK, Paramount buy M&M’s World store at 1600 Broadway for $191m
Pair create JV to buy 26,000sqft retail complex in Times Square from Sherwood Equities
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Deka buys Google’s $802m Seattle campus from Newmark, Vulcan
Geka buys 635,000sqft Lakefront Blocks in Seattle’s South Lake Union neighbourhood
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Clarion Partners makes €125m warehouse purchases in Germany
Clarion Partners Europe buys two distribution warehouses from Ekistics Property Advisors
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​PGIM Real Estate European core strategy invests in Dutch logistics
Dudok Real Estate sells 106,236sqm logistics portfolio in Netherlands
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Cromwell to spin-off A$3bn Australian office portfolio into ASX-listed REIT
Cromwell Property also plans to sell European assets into three funds
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Lendlease fund, Marquette buy A$391m Brisbane office from Dexus
The 36-level building at 12 Creek Street, located in Brisbane’s Golden Triangle, was owned by Dexus and DWPF
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Principal Real Estate raises initial €155m for European data centre fund
Principal European Data Centre Fund targets €450m hard cap
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CPP Investments, LMC create billion-dollar US multifamily venture
CPP Investments and LMC have allocated $979m in equity to newly created joint venture
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​GIC, Precinct Properties create New Zealand office investment venture
Partnership to initially buy five assets worth NZ$590m from Precinct’s existing portfolio
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Oaktree-backed co-living venture eyes £1bn projects in London
Balance Out Living is led by former Blackstone, Collective, WeWork executives Christie, Bhunnoo
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Property group Stockland agrees A$2bn disposal, partnership deals
Stockland agrees deals with Japan’s Mitsubishi Estate, Canada’s Ivanhoé Cambridge and Sweden’s EQT
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EQT to buy Stockland Retirement Living for A$987m
EQT Infrastructure V agrees to buy Australian senior living communities provider from Stockland Group
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Ivanhoé Cambridge, Lendlease target US life science properties
Duo invest initial $500m to create a US life science real estate investment joint venture
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NREP expands elderly care portfolio with €200m acquisition
NREP Income Plus buys 13-asset portfolio in Sweden from Fastighets AB Stenvalvet
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KKR to take majority stake in beverage solutions firm Refresco
Refresco owns a network of bottling, warehousing, logistics and other operational assets
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Sumitomo Mitsui invests S$297m in Capital Square office in Singapore
ARA has been managing the office building since 2016
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Host Hotels makes $150m commitment to Noble’s US hotel fund
Host Hotels also makes a minority investment in Noble’s fee-based asset management business